ABB drives ahead in HVAC market

19 June, 2005

In just three years, ABB has achieved a 30% share of the market for HVAC drives.

ABB reports increasing to 30% its market share of drives for HVAC applications in the UK. The company has been in this market for only three years. The HVAC business is now making a healthy contribution to ABB’s sales of drives. Over the last three years, the factory output of drives up to 100 kW grew by 67% — most of which is due to increased sales in HVAC. Nick Thorne, HVAC drives sales manager, says, ‘Although we were newcomers on the market in 2002, there has been little resistance to change amongst customers. The only obstacle to change is when there are existing frame agreements in place. ABB’s presence in the market has put pressure on prices, which have fallen by some 20% over the last year.

Built environment professionals remain positive on future of Net Zero

A recent survey by global climate tech firm IES has revealed that nearly three-quarters of UK built environment professionals believe achieving a Net Zero built environment by 2050 is within reach.

BESA research suggests clients are yet to engage with new building safety regime

Construction clients are failing to engage with the new building safety regime, according to research carried out by the Building Engineering Services Association (BESA).

Calendar

Submit event

Tweets by MBS_magazine